Federal Budget Report 2019

Federal Budget Report 2019

Mar 19, 2019
The 2019 Federal Budget, entitled “Investing in the Middle Class.” First-time homebuyers, farmers and First Nations communities are among the top priorities in Canada's 2019 federal budget.

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How the US Tariff War is Affecting Canada’s Agriculture Industry

How the US Tariff War is Affecting Canada’s Agriculture Industry

Mar 06, 2019
U.S. tariffs on imports have caused negative shifts in the global agricultural supply. As a result, Canadian farmers have become innocent bystanders, hit by China’s retaliatory trade strikes against the United States.

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Canadian Dairy Farm Investment Program

Dairy Farm Investment Program

Dec 20, 2018
The Dairy Farm Investment Program is a five-year $250-million program to help Canadian cow milk producers improve productivity through upgrades to their equipment.

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Restricted Farm Losses: The Plight of the Part-Time Farmer

Restricted Farm Losses: The Plight of the Part-Time Farmer

Dec 12, 2018
Farm losses may be used to offset other sources of income so long as the chief source of income of a taxpayer is generated through the business of farming.

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Farm Business Tax Tips: Methods of Reporting Farm Income

Farm Business Tax Tips: Methods of Reporting Farm Income

Nov 28, 2018
Canadian farmers can calculate their income using the accrual or cash method. When it comes to tax planning, it’s important to know the benefits of each.

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Can Technology Enhance Your Business Money Management?

Can Technology Enhance Your Business Money Management?

Oct 10, 2018
Using technology to track your income and expenditures, you can program steps like the deduction of taxes from each sale and have a better understanding of how much money you're actually making.

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Starting a New Farm Operation

Top Business Tips for Starting a New Farm

Sep 12, 2018
Starting a new farm business can be rewarding; having the right skills and background knowledge can make it even more successful.

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How to Create a Succession Plan for Your Small Business

How to Create a Succession Plan for Your Small Business

Aug 08, 2018
For those exiting a business, succession planning helps build value, provide financial security, maximize tax strategies and minimize taxes paid.

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Finance Purchase of Equipment: Lease or Buy

To Lease or Not To Lease

Jul 18, 2018
Should you lease or buy when faced with purchasing new equipment for your farm or small business? The two most common options are borrowing funds to buy the equipment or leasing equipment from the supplier or through a third party.


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Taxes and Recreational Cannabis in Canada

Taxes and Recreational Cannabis in Canada

Jul 04, 2018
The currently-illegal, yet lucrative cash crop, cannabis, will become legal in Canada as of Oct. 17. There will be measures put in place to regulate distribution and ensure appropriate duties and taxes are paid.

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"Develop success from failures. Discouragement and failure are two of the surest stepping stones to success." — Dale Carnegie